boumalo (OP)
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February 02, 2015, 01:31:28 PM |
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When the US Dollar will lose most its value in a short period of time, owning gold or bitcoin should be great.
I agree, and I would love to have gold at that time. But Bitcoin is much easier to use in such a situation. Of course Bitcoin is great and easier to move, store and trade than Gold but Gold is great too. It is the father of Bitcoin. |
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manselr
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February 02, 2015, 03:19:06 PM |
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When the US Dollar will lose most its value in a short period of time, owning gold or bitcoin should be great.
I agree, and I would love to have gold at that time. But Bitcoin is much easier to use in such a situation. Of course Bitcoin is great and easier to move, store and trade than Gold but Gold is great too. It is the father of Bitcoin. Off topic but how come you have a Primedice signature? isnt the ad campaing over and not paying except staff members? |
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boumalo (OP)
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Merit: 1018
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February 02, 2015, 03:35:40 PM |
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When the US Dollar will lose most its value in a short period of time, owning gold or bitcoin should be great.
I agree, and I would love to have gold at that time. But Bitcoin is much easier to use in such a situation. Of course Bitcoin is great and easier to move, store and trade than Gold but Gold is great too. It is the father of Bitcoin. Off topic but how come you have a Primedice signature? isnt the ad campaing over and not paying except staff members? You are right it is pretty off topic  I have my ref link in the signature for hopes of getting someone who will register&play via my link |
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boumalo (OP)
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February 10, 2015, 10:52:02 PM |
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Bump
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neurotypical
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February 11, 2015, 01:43:17 PM |
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Peter Schiff is a gold only dinosaur, just like the rest of the gold only old people they dont fully get Bitcoin and miss on the boat, they'll get in way too late.
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cuddaloreappu
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February 11, 2015, 03:33:46 PM |
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He is a metal salesmen! just ignore him
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boumalo (OP)
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February 12, 2015, 08:45:36 AM |
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Peter Schiff is a gold only dinosaur, just like the rest of the gold only old people they dont fully get Bitcoin and miss on the boat, they'll get in way too late.
He doesn't like or fully understand Bitcoin but Gold and Bitcoin can co-exist and increase in value. |
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greenlion
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February 13, 2015, 03:56:38 AM |
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Peter Schiff is a great commentator on topics he has background and expertise in, and unfortunately this isn't one of those areas.
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boumalo (OP)
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February 13, 2015, 07:42:33 AM |
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Peter Schiff is a great commentator on topics he has background and expertise in, and unfortunately this isn't one of those areas.
I agree with you, he has expertise in bubbles and he says Bitcoin is one but he said Facebook had no or very little value.. |
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oblivi
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February 13, 2015, 06:35:19 PM |
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When the US Dollar will lose most its value in a short period of time, owning gold or bitcoin should be great.
I agree, and I would love to have gold at that time. But Bitcoin is much easier to use in such a situation. Of course Bitcoin is great and easier to move, store and trade than Gold but Gold is great too. It is the father of Bitcoin. Gold is deprecated compared to bitcoin. In fact everything is.  |
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boumalo (OP)
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Merit: 1018
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February 13, 2015, 10:49:46 PM |
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When the US Dollar will lose most its value in a short period of time, owning gold or bitcoin should be great.
I agree, and I would love to have gold at that time. But Bitcoin is much easier to use in such a situation. Of course Bitcoin is great and easier to move, store and trade than Gold but Gold is great too. It is the father of Bitcoin. Gold is deprecated compared to bitcoin. In fact everything is. Gold is used in various industries and in jewellery, it is the best metal and is trust by many everywhere in the world. It is not in the chart. I like the chart otherwise. Bitcoin has value but it doesn't mean Gold doesn't. |
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Erdogan
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February 18, 2015, 08:09:34 PM |
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You can find Peter Schiff on the Alex Jones show from early this year on youtube. There he says that the central bank interest rate could not go to 17% (like in Russia), not 7%, not even 1%, reason is the large USG debt.
Today, Yellen hinted that interest rate hikes could be postponed.
Did Schiff just spew out something randomly? I think not!
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neurotypical
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February 18, 2015, 10:52:55 PM |
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When the US Dollar will lose most its value in a short period of time, owning gold or bitcoin should be great.
I agree, and I would love to have gold at that time. But Bitcoin is much easier to use in such a situation. Of course Bitcoin is great and easier to move, store and trade than Gold but Gold is great too. It is the father of Bitcoin. Gold is deprecated compared to bitcoin. In fact everything is. Gold is used in various industries and in jewellery, it is the best metal and is trust by many everywhere in the world. It is not in the chart. I like the chart otherwise. Bitcoin has value but it doesn't mean Gold doesn't. I dont trust gold unless the actual gold is sitting next to me. |
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Trader Galactic LLC
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February 19, 2015, 02:30:44 AM |
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Peter Schiff is coming around. This is great news as he's got millions of followers who own a lot of gold.
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molecular
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Merit: 1019
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February 19, 2015, 08:28:19 AM |
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When the US Dollar will lose most its value in a short period of time, owning gold or bitcoin should be great.
I agree, and I would love to have gold at that time. But Bitcoin is much easier to use in such a situation. Of course Bitcoin is great and easier to move, store and trade than Gold but Gold is great too. It is the father of Bitcoin. Gold is deprecated compared to bitcoin. In fact everything is. Gold is used in various industries and in jewellery, it is the best metal and is trust by many everywhere in the world. It is not in the chart. I like the chart otherwise. Bitcoin has value but it doesn't mean Gold doesn't. I dont trust gold unless the actual gold is sitting next to me. I don't even quite trust it when I own it physically. Who knows how much of it is out there. With crypto I know this. |
PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0 3F39 FC49 2362 F9B7 0769
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boumalo (OP)
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Activity: 1890
Merit: 1018
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February 19, 2015, 09:03:30 AM |
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When the US Dollar will lose most its value in a short period of time, owning gold or bitcoin should be great.
I agree, and I would love to have gold at that time. But Bitcoin is much easier to use in such a situation. Of course Bitcoin is great and easier to move, store and trade than Gold but Gold is great too. It is the father of Bitcoin. Gold is deprecated compared to bitcoin. In fact everything is. Gold is used in various industries and in jewellery, it is the best metal and is trust by many everywhere in the world. It is not in the chart. I like the chart otherwise. Bitcoin has value but it doesn't mean Gold doesn't. I dont trust gold unless the actual gold is sitting next to me. I don't even quite trust it when I own it physically. Who knows how much of it is out there. With crypto I know this. You are right in regards to the opacity of the gold market and the price fixing by a happy few but they cannot fix the price for ever and we have an idea of how much gold has been extracted, how much is in the ground and how much it costs to extract it. Owning it physically is safer than having paper gold from a company that is having fractional reserves and may go bankrupt. |
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okthen
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February 19, 2015, 11:15:29 AM |
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Such a conservative man.
We're on a growing exponencial line in terms of technology advancements.
If people who are it their 30/40 sometimes have difficulties coping with novelty, imagine someone born before computers existed. Their minds simply cannot imagine many of the things that await us.
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molecular
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February 19, 2015, 09:57:34 PM |
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Such a conservative man.
We're on a growing exponencial line in terms of technology advancements.
If people who are it their 30/40 sometimes have difficulties coping with novelty, imagine someone born before computers existed. Their minds simply cannot imagine many of the things that await us.
I think that's true for everyone, not just old people. |
PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0 3F39 FC49 2362 F9B7 0769
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twiifm
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February 20, 2015, 02:28:25 AM |
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Such a conservative man.
We're on a growing exponencial line in terms of technology advancements.
If people who are it their 30/40 sometimes have difficulties coping with novelty, imagine someone born before computers existed. Their minds simply cannot imagine many of the things that await us.
You think 30 to 40 is old? LOL. Winklevoss bros are 33 or 34 |
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boumalo (OP)
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Activity: 1890
Merit: 1018
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February 20, 2015, 09:02:23 AM |
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Such a conservative man.
We're on a growing exponencial line in terms of technology advancements.
If people who are it their 30/40 sometimes have difficulties coping with novelty, imagine someone born before computers existed. Their minds simply cannot imagine many of the things that await us.
You think 30 to 40 is old? LOL. Winklevoss bros are 33 or 34 Only people who are 20 and younger were raised with recent technology, wild use of internet and mobiles. |
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